At a Glance
- Tasks: Process insurance premiums and provide technical support in the Aviation Division.
- Company: Join a leading Global Lloyd's Broker with a strong reputation.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Opportunity to enhance your skills in a fast-paced, supportive setting.
- Why this job: Be part of an exciting team making a real impact in aviation insurance.
- Qualifications: 2+ years in a Premium Technician role with aviation experience required.
The predicted salary is between 35000 - 45000 £ per year.
A well-respected and market-leading Global Lloyd's Broker is seeking a Technician within their successful Aviation Division. Within this exciting opportunity, the Technician will be responsible for performing premium processing duties and will assist in providing full technical support across post-placement activities.
Role Responsibilities
- Process insurance premiums, return premiums, and adjustments in accordance with market practices and internal procedures
- Data Entry of Aviation Risks
- A&S Submission of premium bordereau to DXC Technologies
- Checking and processing MRC Slips and Endorsements
- Production of periodic reports and statistical information to placing team
- Reconcile premium accounts, identifying and resolving discrepancies promptly
- Liaise with brokers, underwriters, insurers, and clients to resolve queries and outstanding balances
- Monitor aged debt and credit, supporting collection and settlement activities
- Ensure compliance with Lloyd’s market requirements and internal controls
- Maintain accurate records within relevant systems and ensure audit trails are complete
- Support month-end and year-end close processes, including reporting and analysis
- Assist with system improvements and process optimisation initiatives
About You
- A minimum of 2 years of experience in a Premium Technician role within a Lloyd’s Broker or London Market environment - Aviation experience essential
- Strong understanding of insurance premium processing, including Lloyd’s and company market practices
- Proficiency in accounting and broking systems (e.g., Xchanging, Bureau, or similar platforms)
- Excellent attention to detail and high level of accuracy
- Strong analytical and reconciliation skills
- Ability to manage high volumes of data and meet tight deadlines
- Effective communication skills, both written and verbal
Processing Technician - Aviation in London employer: Nashrock Insurance Recruitment
As a leading Global Lloyd's Broker, we pride ourselves on fostering a dynamic and inclusive work environment that values collaboration and innovation. Our Processing Technicians in the Aviation Division benefit from comprehensive training programmes, opportunities for professional development, and a supportive culture that encourages growth and excellence. Located in the heart of London, our team enjoys access to a vibrant city life while contributing to a prestigious firm known for its commitment to employee satisfaction and success.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Processing Technician - Aviation in London
✨Tap into Campus Networks
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We think you need these skills to ace Processing Technician - Aviation in London
Some tips for your application 🫡
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How to prepare for a job interview at Nashrock Insurance Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nashrock Insurance Recruitment.
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Since this is a full-time position, employers at Nashrock Insurance Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nashrock Insurance Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
